Home » Rosneft proposed joint development with PetroVietnam of 8 blocks in Pechora Sea

TITLE

Rosneft proposed joint development with PetroVietnam of 8 blocks in Pechora Sea

AUTHOR(S)

Interfax

PUB. DATE

May 2013

SOURCE

Russia & CIS Business & Financial Newswire;5/15/2013, p1

SOURCE TYPE

Newswire

DOC. TYPE

Article

ABSTRACT

SOCHI. May 15 (Interfax) - Rosneft (RTS: ROSN) has proposed jointly developing with PetroVietnam eight offshore blocks in the Pechora Sea and a number of production projects in Eastern Siberia, Rosneft President Igor Sechin told journalists.

ACCESSION #

87611477

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SOCHI. May 15 (Interfax) - Rosneft (RTS: ROSN) has proposed jointly developing with PetroVietnam eight offshore blocks in the Pechora Sea and a number of production projects in Eastern Siberia, Rosneft President Igor Sechin told journalists.

SOCHI. May 15 (Interfax) - Rosneft (RTS: ROSN) has proposed jointly developing with PetroVietnam eight offshore blocks in the Pechora Sea and a number of production projects in Eastern Siberia, Rosneft President Igor Sechin told journalists.

SOCHI. May 15 (Interfax) - Rosneft (RTS: ROSN) has proposed jointly developing with PetroVietnam eight offshore blocks in the Pechora Sea and a number of production projects in Eastern Siberia, Rosneft President Igor Sechin told journalists.

SOCHI. May 15 (Interfax) - Rosneft (RTS: ROSN) has proposed jointly developing with PetroVietnam eight offshore blocks in the Pechora Sea and a number of production projects in Eastern Siberia, Rosneft President Igor Sechin told journalists.

The article reports that Russia's oil producer Rosneft had agreed to establish a joint venture with Vietnamese state energy firm Petrovietnam to develop two shelf blocks in the Pechora Sea in the Arctic off northwest Russia, with Rosneft getting 66.67 percent stake in the joint venture.